Wall Street points toward gains before the opening bell and another busy week of corporate earnings

By ELAINE KURTENBACH and MATT OTT Associated Press Business Writers Wall Street was poised to open with gains Monday ahead of a busy week of corporate earnings reports Futures for the S P the Dow Jones Industrial Average and Nasdaq were all up more than before the bell Markets have stabilized since spring when President Donald Trump s tariff announcements and pullbacks sent markets swinging wildly from day-to-day and sometimes hour-to-hour Related Articles Harvard is hoping court rules Trump administration s B research cuts were illegal Alaska Airlines resumes operations after tech outage grounds all flights Nowadays in History July verdict reached in Scopes Monkey Trial In the present day in History July Neil Armstrong and Edwin Aldrin walk on the moon In the current era in History July the Seneca Falls Convention Trump pushed back the deadline for greater part countries to negotiate on tariffs to Aug which along with stronger-than-expected earnings reports has helped to lift markets to record levels in modern weeks Domino s Pizza jumped in premarket trading Monday after posting strong same-store sales in the U S even though the pizza chain just missed Wall Street s sales and profit targets Verizon climbed after the phone and broadband giant beat analysts sales and profit targets and raised its full-year guidance Other companies reporting this week include General Motors Coca-Cola Tesla and Google parent Alphabet This week also will bring updates on U S home sales jobless indicates and manufacturing Bitcoin rose more than to more than early Monday just off all-time highs Trump on Friday signed into law the GENIUS Act which sets initial guardrails and consumer protections for stablecoins a type of cryptocurrency that is tied to assets like the U S dollar to reduce volatility Elsewhere in Europe at midday Germany s DAX edged lower while the CAC in Paris slipped Britain s FTSE was essentially flat Markets were closed for a holiday in Japan where the ruling Liberal Democrats have lost their coalition majorities in both houses of parliament for the first time since following Sunday s upper house voting and the loss of their lower house majority in October A grim Prime Minister Shigeru Ishiba has vowed to stay on after the drubbing by voters frustrated over rising prices and political instability Analysts mentioned they expect his weakened ruling body to crank up spending adding to Japan s huge debt burden Japan is also facing the imposition of tariffs across the board on its exports to the U S as talks with the Trump administration appear to have made little headway We expect short-term political instability to intensify due to the difficulties of forming a majority coalition a likely change in leadership and a feasible deadlock in pact negotiations Peter Hoflich of BMI a part of the Fitch Group commented in a commentary Without a structural reset through snap elections Japan is likely to face prolonged strategy drift throughout he disclosed Chinese shares advanced after the central bank kept its key -year and -year loan prime interest rates unchanged Hong Kong s Hang Seng rose to while the Shanghai Composite index gained to Latest improved economic details have eased pressure on the Chinese leadership to soften credit Meanwhile President Donald Trump s administration has softened its criticism of Beijing raising hopes that the two sides can work out a arrangement deal and avert the imposition of sharply higher tariffs on imports from China South Korea s Kospi picked up to after the governing body shared a slight improvement in exports in June In Australia the S P ASX shed to while Taiwan s Taiex dropped In India the Sensex rose Bangkok s SET gained In other trading early Monday U S benchmark crude oil reversed gains leaving it essentially unchanged at per barrel Brent crude the international standard lost cents to per barrel The U S dollar fell to Japanese yen from yen The euro climbed to from